March 28, 2014
The work of nations is to develop companies that can lead the way to innovation. The promotion of startups is vital to necessitate knowledge, innovation and efficiencies that alter the way we interface in work, live and play. The U.S. Government has supported this support through grants. This year you can “Meet the Energy Department’s Tech Startup Bets” for a better energy future.
“For more than 30 years, the federal government has set aside a small portion of its R&D spending to fund small businesses working on new technologies. The U.S. Department of Energy recently announced the names of 17 companies—selected from a pool of 70 that received earlier funding—that are getting Small Business Innovation Research grants of about $1 million each to develop energy-efficient and renewable-energy technology. Those recipients include Pixelligent Technologies, a Baltimore company trying to improve automotive lubricants, and Brittmore Group, a San Jose company using robotics to lower the costs of solar panel installation.”
“The SBIR grants are a good way of “supporting small businesses and driving American leadership in clean energy innovation,” said David Danielson, an assistant secretary for the DOE’s Office of Energy Efficiency and Renewable Energy, in an e-mailed statement,” Bloomberg BusinessWeek.
Meet the Companies
“Six companies developing technology for energy-efficient vehicles won DOE grants. Among them: Mainstream Engineering, based in Rockledge, Fla., which is developing hybrid-electric turbochargers that reduce fuel consumption and improve handling in cars and trucks; and NexTech Materials, a Lewis Center, Ohio, company working on a sensor to detect nitrogen oxide emissions in diesel exhaust.”
“Sheetak, an Austin (Tex.)-based company, won a DOE grant for its proposal to build water heaters that reduce the amount of power needed without increasing costs. Oakland (Calif.)-based Heliotrope Technologies.
“Wetzel Engineering, based in Lawrence, Kan., received a grant to build up to 100-meter-long rotor blades for wind turbines that can be transported by ground and assembled in the field. Amjet Turbine Systems, based in Keokuk, Iowa, says its hydroelectric turbines will generate low-cost, clean power.”
The cost to not supporting innovation is deterioration of intelligence, infrastructure and functionality. Innovation is the sharpening tool for change yet, there is a cost. This cost is to invest in the momentum of change to spur new thinking or efficiency that U.S. has done for over 30 years.
Many of the products we use today came out of these grants that were once used by the government and then converted for consumers such as, GPS. The opportunity is to promote government in investment of small startups. The investment in 17 may produce less successes but the those that succeed maybe our next Apple, Cisco or something new.